-
Jamestown
In 1612 Jamestown Virginia, which was a major port for trade had tobacco seed brought in which started trade with West India and also led to trade of tobacco locally. -
Boston Tea Party
The Boston Tea Party was a protest against unfair taxes, which led to the revolution war. Which created many jobs, which supplies where needed for the war. -
The Louisiana Purchase
The Louisiana Purchase double the land for the United States, which with more land brought more money, that impacted the economy. With that you as well had easier trade because of the Mississippi River. -
War of 1812
After the war of 1812 it boosted the manufacturing of products for example tobacco and cotton in agricultural, where the two that where the fastest growing. This overall increased manufacturing, meaning we didn't need to import from England so much. -
The Panama Canal
The Panama Canal brought the cost down for trade and had 40,000 people working on the canal which gave jobs to those people. Overall it kept cost down on imported goods. -
Wall Street Crash of 1929
The Wall Street Crash of 1929, as well known as the Stock Market Crash of 1929. It help lead to the Great Depression, which overall was a market collapse because you had low wadges and debt. With it billion dollars where lost in this event. -
L.A Olympic Games
The L.A Olympic Games impacted the economy by having a lot of people come to the event. With so many people coming to the Olympic games from different countries that could buy items that increased the economy. -
World War II
World War II created manufacturing for defense products, jobs (soldiers), drop employment by 10% and put women in the work force. -
OPEC In Bargo
OPEC in Bargo was when exporting countries announced a division to cut oil export to the united states and other nations that provided military aid to Israel. This affected trade with oil. -
The Internet for the Public
The Internet for the public, impacted them by being able to have jobs on there, selling products and provided 300 billion dollars for U.S economy. -
9/11
When 9/11 happened from Islamic Terrorist crashing into the twin towers, it through the American economy through loop holes. United States of American started its "war on terrorism". American spent billions of dollars on fighting foreign countries that they believed there was terrorist activity. This changed the economy forever. -
The Rescission from 2007 to 2009
The Recession from 2007 to 2009, during this time the housing market crashed and many investment banks went under.
